Sold Status
$1,100,000 Sold Price
Multi Type
0 Beds
0 Baths
10,240 Sqft
Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By The Marcelino Team
Sold By The Marcelino Team
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Burlington
Expand your investment portfolio! Rare opportunity to own a landmark investment in Burlington with two buildings with 18 apartments plus a 2-car garage! Offering 3 two-bedroom units, 5 one-bedroom units, 10 studios with updates throughout. Most apartments have had recent updates. Just a few blocks from Lake Champlain, Downtown Burlington, Colleges and the Hospital.
Property Location
71-73 Elmwood Avenue Burlington
Property Details
| Sold Price $1,100,000 | Sold Date Nov 9th, 2018 | |
|---|---|---|
| List Price 1,450,000 | Bedrooms 0 | Garage Size 1 Car |
| Cooperation Fee Unknown | Total Bathrooms 0 | Year Built 1899 |
| MLS# 4706646 | Lot Size 0.15 Acres | Taxes $23,969 |
| Type Multi-Family | Days on Market 2902 Days | Tax Year 2018 |
| Units 18 | Stories 3 | Road Frontage |
| Annual Income $0 | Style Multi-Family | Water Frontage |
| Annual Expenses $54,670 | Finished 10,240 Sqft | Construction No, Existing |
| Zoning RH | Above Grade 9,597 Sqft | Seasonal No |
| Total Rooms 0 | Below Grade 643 Sqft | List Date Jul 13th, 2018 |
| Gross Income $0 | Operating Expenses $54,670 | Net Income $175,740 |
|---|
| Expenses Includes |
|---|
| ConstructionWood Frame |
|---|
| BasementInterior, Unfinished, Partially Finished |
| Interior Features |
| Exterior Features |
| Exterior Other | Disability Features |
|---|---|
| Foundation Stone | House Color White |
| Floors Vinyl | Building Certifications |
| Roof Slate, Slate | HERS Index |
| DirectionsFrom Battery Street, take Elmwood Avenue north, property on southern corner of Elmwood Avenue and Peru Street. |
|---|
| Lot Description, City Lot |
| Garage & Parking Yes, , , Off Street, Paved |
| Road Frontage | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone Unknown | Water Body |
| Zoning RH |
| School District NA | Middle |
|---|---|
| Elementary | High |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool None, Radiators | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Tank | Financing |
| Cable Co Comcast/Burlington Telec. | Documents |
| Electric Circuit Breaker | Tax ID 114-035-15369 |
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